Advanced Accounting I

Over the years Advanced Accountancy has emerged as the definitive and comprehensive textbook on accountancy as it completely meets the requirements of students preparing for BCom, MCom, MBA, BBA and professional examinations conducted by different institutions, such as the Institute of Chartered Accountants of India, the Indian Institute of Bankers, the Institute of Company Secretaries of India, and the Institute of Cost Accountants of India. New in this Edition • Basic features of the 32 Accounting Standards of India issued by the Institute of Chartered Accountants of India and 40 Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs. • Updation and convergence of Indian accounting standards with international financial reporting standards. • Strengthening and updating of the text material in the light of new accounting standards. • Latest questions and problems from examinations conducted by different professional bodies and universities.

Advanced Accounting is a new Canadian textbook that offers students clear explanations of accounting standards, unique content, and challenging problems and cases. Taking a very detailed approach to the topics that can be difficult for students to master; the text lays out each topic very clearly and provides illustrative examples that show students how these concepts are applied. This helps students understand the reasons that adjustments are being made, which leads to a deeper understanding of the concepts and avoids the pitfalls that come from simply memorizing formulas. The chapters are also outlined by learning objectives so that instructors can decide the level of depth they wish to cover. Advanced Accounting is designed to address those advanced topics in accounting that require knowledge of all other sections of the CICA Handbook. This text builds on the knowledge obtained in an intermediate accounting course and is intended to extend the learning from intermediate texts such as Intermediate Accounting by Kieso, Weygandt, Warfield, Young, and Wiecek.

Advanced Accounting, 8e offers the most authoritative, conceptually strong, and comprehensive coverage of advanced accounting topics of any text on the market. Completely updated to reflect all of the latest FASB pronouncements, it is an excellent preparation resource for the CPA exam. Advanced Accounting also provides students with the tools they need to pursue professional careers in a global economy. This is the only text on the market to utilize the horizontal approach to consolidations worksheets, the format most commonly used in the business world.

REA’s Essentials provide quick and easy access to critical information in a variety of different fields, ranging from the most basic to the most advanced. As its name implies, these concise, comprehensive study guides summarize the essentials of the field covered. Essentials are helpful when preparing for exams, doing homework and will remain a lasting reference source for students, teachers, and professionals. Advanced Accounting II includes foreign currency transactions, segment reporting, purchase method of consolidation, and pooling of interest.

Useful for UG and PG students

Advanced Accounting delivers an in-depth, comprehensive introduction to advanced accounting theory and application, using actual business examples and relevant news stories to demonstrate how core principles translate into real-world business scenarios. Clearly defined and logically organized Learning Objectives aid in student comprehension, while highlighted Related Concepts illustrate how individual concepts fit into the larger picture. Short answer questions throughout the chapter allow students to test their knowledge before reaching the more in-depth end-of-chapter questions, promoting a deeper understanding of both technical and conceptual aspects of the field. Written by active accounting researchers, this text brings clarity and flexibility to the central ideas underlying business combinations, consolidated financial statements, foreign currency transactions, partnerships, non-profit accounting and more. This new Seventh Edition has been updated to reflect the latest changes to FASB and GASB standards, allowing students to build a skill set based on up-to-date practices. With a student-oriented pedagogy designed to enhance comprehension, promote engagement, and build real-world understanding, this user-friendly book provides an essential foundation in current advanced accounting methods and standards.